Your income is your biggest asset, if you consider the average wage according to the 2016 CSO results for a full-time worker being €45,075 over a working lifetime of 43 years (age leaving college to retirement age) is €1,938,225. If you are part of a couple this can jump up to €3.8 million.
That’s a staggering amount of money but we don’t think of our wages in these terms.
Your income is your most important asset. It funds everything in your lifestyle, your house, your car, your food, social life, hobbies etc.
If I gave you 4 million tomorrow what would you do with it? Save it? Spend it?